Consider Office & Retail Properties, Are Mumbai office & retail properties too expensive? Looking for more commercial space/larger floor plates at a lesser price? Better infrastructure than Mumbai? Searching for a promising Mumbai real estate investment?
We’d consider you taking a look at Navi Mumbai commercial properties for your next Mumbai office or retail property. We have put together a quick brief on the area below.
Navi Mumbai (New Mumbai) is located directly east of Mumbai and is connected by the Vashi Bridge & Airoli Bridge to the Eastern Express Highway. Navi Mumbai is a planned township that covers a vast area of approximately 344 square kilometers and has expanded to include its own international airport that will be completed in 2019.
Navi Mumbai is home to a large educated work force and is often preferred over Mumbai due to the less expensive residential properties, better infrastructure, more space & less pollution than its neighbour to the west. Navi Mumbai’s highly educated middle class and upper middle class population is an asset for any business.
Navi Mumbai is an alternative to the more expensive Mumbai office and retail spaces. In addition to being less expensive, Navi Mumbai offers more modern commercial properties with larger floor plates than Mumbai not to mention quality infrastructure that is sometimes lacking in Mumbai proper.
The main commercial areas of Navi Mumbai are Vashi, Nerul, Seawoods, CBD Belapur, Kharghar, MIDC Industrial Area (Turbhe & Pawane), Ghansoli & Airoli. Navi Mumbai houses countless IT parks (Reliable Plaza, K Raheja Corp Mindspace), malls & office complexes.
Shopping malls in Navi Mumbai include Inorbit, Raghuleela, Centre One, Little World Mall & Glomax Mall. In addition, the following corporates & organizations have their offices in Navi Mumbai: Bizerba, CIDCO, Wipro, Bureau Veritas, Capgemini, Accenture, Larsen & Toubro, Siemens, Reliance, Fortis Hosptiral, MGM Hospital, Wockhardt & RBI.
Navi Mumbai is more than just a commercial hub, it is also home to DY Patil Sports Stadium where the Indian Premium League & Indian Super League games are played, DY Patil University, Central Park, its own golf course, Bharti Vidyapeeth University, Medical Colleges & Cidco Exhibition Center.